Heemskirk Consolidated Limited
(ASX:HSK) is selling its mineral products plant in Alberta, Canada, for $CAD12 million.
The company says the sale of its Lethbridge plant is in line with its strategy to focus on the development and commissioning of its Moberly sand facility in British Columbia.
Lethbridge is an oilfields energy products minerals processing facility.
Heemskirk managing director Peter Bird says the deal generates solid shareholder value.
Heemskirk booked a net loss of $3.9 million in fiscal 2013.
